Subscribe
February 13, 2026
Sign In

Capitalizations Index – B ∞/21M

Menu
Breaking
Bitcoin vs. CBDCs: Decentralization vs. Government Control Understanding the Mempool: Bitcoin’s Unconfirmed Transaction Pool How Bitcoin Miners Earn Rewards: Coins and Fees Explained Bitcoin: Empowering Individuals to Become Their Own Bank How Bitcoin Transactions Are Verified Through Mining

New Integrated Resort In The Philippines On The Horizon

New integrated resort in the philippines on the horizon

New Integrated Resort In The Philippines On The Horizon

New integrated resort in the philippines on the horizon

After a lengthy stand-off between gaming regulator PAGCOR and Waterfront Philippines Inc, the Philippines Court of Appeals (CA) has upheld a ruling by Manila’s Regional Trial Court to issue a provisional casino licence.  

Waterfront is now free to operate a casino-hotel in Entertainment City ending an application process which began in 2008 with Waterfront depositing $100 million in cash to fulfil PAGCOR’s requirements.

Despite this significant payment Waterfront filed a petition in 2015 accusing PAGCOR of ignoring their application which resulted in PAGCOR paying Php200,000 for moral and exemplary damages.

The ruling could see Entertainment City welcome a fifth operator after all following President Rodrigo Duterte’s August 2018 proclamation that Landing International Development Ltd would not be permitted to build a planned US$1.5 million IR despite having been granted a provisional casino license.

There are currently three IRs in Entertainment City – Solaire Resort & Casino, City of Dreams Manila and Okada Manila – with Travellers International Hotel Group in the process of developing a fourth, Westside City Resorts World.

According to the Court of Appeals, Waterfront’s license would be “similar to those granted to Resorts World Manila, City of Dreams, Solaire Resort & Casino and Okada Manila.”  

This is an excellent result for Dragon as Dragon Coin, the world’s number one entertainment coin could provide the perfect solution for globe-trotting High-Rollers looking to benefit from frictionless access to their funds regardless of where they happen to be playing.

Want to find out more about Dragon’s continued evolution of the entertainment industry?  All you need to do is click here.

And if you haven’t already downloaded the excellent Dragon Social Wallet yet click here to get it now and enter the exciting world of digital asset trading.

Published at Mon, 13 May 2019 11:26:24 +0000

Previous Article

Bitcoin: ‘Blow-off or Lift-off’, speculates old school trader Peter Brandt

 Next Article

BTC/USD Consolidates Awaiting Another Bullish Ride

You might be interested in …

BTC Media Acquires The LTB Network, Plans Relaunch

BTC Media, a leading information provider in the distributed ledger space, announced today that it has acquired The LTB Network.

The move adds the company to BTC Media?’?s other publication holdings, including Distributed, bitcoin Magazine, yBitcoin and Gongshitan, among others. As part of the acquisition, The LTB Network will undergo a relaunch in the second half of 2017 which will include an extensive rebranding.

?’?œWe are thrilled to add The LTB Network to our list of industry-leading information services,?’ said BTC Media CEO David Bailey. ?’?œThis strengthens our ability to help audiences stay ahead of trends in the digital currency space and implement best practices for their assets.?’

The LTB Network?’?s Founder and Editor-in-Chief Adam B. Levine will remain host of the flagship ?’?œLet?’?s Talk bitcoin!?’ show and serve on the network?’?s editorial board.

?’?œOur goal has always been to showcase the disruptive ideas, people and projects that are leading innovation in digital currency,?’ Levine said. ?’?œThis is a new opportunity to grow our audience and better serve our podcasters and writers by focusing more of our time on creating better content, not selling ads.?’

Founded in 2011, BTC Media is the world?’?s largest provider of multimedia, educational, conferences and other high-value informational resources focused on the digital currency and blockchain industries.

Founded in 2014, The LTB Network has for years been the home to a distributed group of independent broadcasters and journalists working toward better understanding, exploring and explaining the phenomenon of digital currency.

?’?œThis change marks a vitally important mechanism for BTC media to engage audiences worldwide,?’ Bailey said. ?’?œWe are excited to expand the number of podcasts and place new focus on production value. We look forward to building on the foundation that Adam has established and taking it to the next level.?’

The LTB Network has been a testbed of innovation with a proprietary content management system, token controlled-access forums and more. It was the first to launch a rewards program using a digital currency, LTBCoin, which was awarded to content creators and audience members according to their ?’?œProof of Participation?’ score.

Following the acquisition, LTBCoin holders will be given the chance to participate in a new, ?’?œProof of Existence 2.0?’ project, with details to be released later this year. It shares The LTB Network?’?s spirit of exploration into disruptive technology. Details and updates can be found at http://po.et.

For news media information, please contact Tyler Evans:

tyler@btcmedia.org

Close Menu